Singapore's Venture Corp could reverse course - technicals

Venture

25/06/2019 06:22

** Shares of Venture Corp  VENM.SI , which climbed more than
10% so far this month, could reverse course - technical charts
suggest
    ** Stock has cut below its 200-day exponential moving
average(EMA), a bearish sign
    ** RSI has fallen near the over-bought zone, a negative sign
    ** Stock formed a Doji candlestick pattern on Monday, which
suggests a potential reversal
    ** Stock down 3.5% on Tuesday, compared with the broader
index's  .STI  drop of just 0.14% 
 

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venm    https://tmsnrt.rs/2Fsv5Yz
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 (Reporting By Patturaja  Murugaboopathy)
 ((patturaja.murugaboopathy@thomsonreuters.com;))